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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

NAF Association Releases Annual Study Results

Thursday, Aug. 9, 2007, 12:00 AM
Nick Zulovich
Hanover, Md. — The National Automotive Finance Association announced that it has published its 2007 Non-Prime Automotive Financing Survey. One of the key findings is that delinquencies, both in dollars and number of accounts, have increased since last year. The ... [Read More]

Auto Affordability Index Down

Thursday, Aug. 9, 2007, 12:00 AM
Nick Zulovich
DETROIT — According to the Auto Affordability Index compiled by Comerica Bank, an average-priced new vehicle took 24.6 weeks of median family income in the second quarter of this year. Officials indicated the latest reading is down just slightly, 0.1 ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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DealerTrack: 2Q Transactions Hit 23.5 Million

Thursday, Aug. 9, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced that GAAP net income for the quarter came in at $6.3 million, up 35 percent from $4.7 million for the second quarter of last year. Additionally, revenue for the quarter was $58.5 million, up ... [Read More]

AmeriCredit’s CEO Tackles Industry Concerns

Thursday, Aug. 9, 2007, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Addressing the unstable credit market and liquidity concerns by many in the industry who are keeping a particularly watchful eye on subprime companies, AmeriCredit's president and chief executive officer reassured analysts that his company has no ... [Read More]

Chrysler Financial Sees More Services in Future, Mercedes-Benz Financial Finds New Offices

Tuesday, Aug. 7, 2007, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich., and FORT WORTH, Texas — In addition to identifying top executives, Chrysler Financial said its recent independence from DaimlerChrysler will cause no disruption in services or programs. In fact, company officials indicated the new parent company, Cerberus, ... [Read More]

J.D Byrider Launches Site to Dispel Misconceptions about Business

Tuesday, Aug. 7, 2007, 12:00 AM
Nick Zulovich
CARMEL, Ind. — In an effort to correct misconceptions about its business, J.D. Byrider announced it has launched a new Web site at JDBFacts.com. "We see a parallel between us and Blockbuster," explained Steve Wedding, president of Byrider franchising. "When ... [Read More]

NAF Association, NADC to Host Workshops

Tuesday, Aug. 7, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association and the National Association of Dealer Counsel announced they will hold educational sessions in September and October. The NAF Association will present a half-day workshop Sept. 23 at the Millennium Hotel in ... [Read More]

ABA Encourages Bankers to Help Teens Learn Credit Lessons

Tuesday, Aug. 7, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association is encouraging bankers to participate in the fifth annual Get Smart About Credit Day, which brings banking professionals into schools to help teens learn valuable credit lessons. The event will be held Oct. ... [Read More]

White River Shares 2Q Results

Thursday, Aug. 2, 2007, 12:00 AM
Nick Zulovich
INDIANAPOLIS — White River Capital, a special auto finance company that acquires subprime receivables from franchised and independent dealers, announced that net income for the second quarter was $1.7 million, down from $3.6 million in the same period last year. The ... [Read More]

GMAC: Used-Vehicle Originations Up 50 Percent Over Last Year

Thursday, Aug. 2, 2007, 12:00 AM
Nick Zulovich
NEW YORK — GMAC Financial Services reported second-quarter net income of $293 million, compared to $787 million in 2006. According to officials, strong performance in GMAC's global automotive finance and insurance businesses offset losses in the real estate finance business. GMAC's ... [Read More]

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